David Baris Quoted in SNL Financial

SNL Financial, in an article by Tim Zawacki, discussed the need for community bank aid in light of the recent 27% growth in the FDIC’s list of problem institutions and industry-wide expectations for increased bank failures in the coming months.

BuckleySandler Partner David Baris was consulted about the methods employed by government regulators toward failing banks and the need for increased aid. “Community banks are truly victims…It could literally save most of the community banks in the country, without a lot of risk to the taxpayer…A lot of banks on the problem list are going to fail, and many are getting in line to be closed later,” Mr. Baris said.

To read the full article, please visit: As FDIC Problem List Grows, Attorney Sees Need for Community Bank Aid.

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